After he became a US federal trade commissioner (FTC) in 2018, Rohit Chopra made waves in the field of antitrusts by going after monopolies. The FTC was largely ineffective, and he felt that it had failed not only consumers but also employees by giving monopolies a slap on the wrist. His most important work was shedding light on the wage-fixing happening within trusts. When every viable competitor had been absorbed by a monopoly, employees couldn’t threaten to leave a company to work for its competitor after being treated poorly. Read full article here
Research
Improving media literacy could boost trust towards the news, IMPRESS report suggests
The UK media is regulated by the likes of IPSO and Ofcom. The report by press regulator IMPRESS highlights the link between low levels of media literacy and trust in the news. The study found that three quarters of those who did not know if journalists were regulated did not trust the news. It suggests that improving media literacy is one way to stem the erosion of trust, and shows that audiences have an appetite for information on news processes. Stakeholders need to collaborate in order to rebuild trust in the news, and independent media is well placed to do this. Read full article here
Merv
February 1, 2023
